Do you own a business? Is it running and doing successfully? Wanting a company that works for your business as diligent as you are? No need to worry and choose Dyman and Associates Insurance. We will assure you that you have chosen leading Business Insurance.

Wednesday, 25 June 2014

We've put together a selection of top
tips below to make finding a business insurance policy that little bit
easier.

Is your business adequately covered?

The most important factor when
buying your business insurance is making sure you are adequately covered. The
first thing you should do is check in detail that a policy and its conditions
cover you for your needs.

Once you’ve made this assessment
you should then only consider the price difference between the insurance
companies that provide the correct level of cover.

How many business insurance quotes will I receive?

There are far fewer business
insurance companies compared to the home and car insurance industry, so don’t
be worried if you only receive a handful of quotes.

In addition, there are likely to be
some brands that you haven’t heard of.

Reducing your (and your property’s)
risk, will help you reduce the premium. There are a number of factors that may
contribute to cost. You will be asked about these during your application.

Examples of these are; the types of
locks and alarms on your property, the location of your property and the type
of work you do (e.g. height and heat can be considered high risk).

How long has your company been trading?

If you have been trading for longer
and have subsequently demonstrated that you run a successful business, an
insurer may offer you a small discount in recognition of this.

Equally, if your company is a
recent start-up, you may find that your first year of cover is a little more
expensive than average, but this should drop with each successive year of
operation.

Cheapest cover isn't always best

Don’t try to get a cheaper price by
reducing the levels of insurance on your property cover – if you underinsure
it’s unlikely you will get the full payout when you make a claim.

With cover like public liability,
the most obvious way to get a cheaper price is to change the amount of cover
you buy – but remember this may be a false economy and you need to be sure you
are buying enough cover to pay for possible claims.

Pay attention to the different
levels of cover that each insurer provides, and relate this back to the price.

To find a great deal on your next
business insurance policy, please click the "get quotes now" button
above.